1 comment:

I signed a contract on my house in February 2006, put the old one on the market in early March, and sold by the end of May, and at least in Queens, the market was definitely dropping pretty quickly between February and May, and there was definitely awareness out there that the bubble was popping. I can't speak to Kansas; I'd say the market may have been slumping a bit by then as well, especially for high-end houses that governors live in, but then it's hard to see how the market was down so far by that point that her mortgage would be upside-down.